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Well that was fast....some more intersects around or above that 1m@ 478g/tonne.
isn't that the same content as 4.78g AU over 100m?
GLA
“…When war broke out it was gold that surged, not bitcoin, which has lost a third of its value in the past six months. This year’s events indicate that rather than moving independently bitcoin tends to behave somewhat like a speculative tech stock…”
One way to invest in Gold is to simply buy the physical. Another way, of course, is to invest in gold miners directly, which – if chosen wisely – can offer premium returns above the gold price, through dividends and more rapid appreciation than the product they sell. Here are a few small cap gold miners worth checking out:
https://total-market-solutions.com/2022/07/the-enduring-value-of-gold-small-cap-gold-miners-to-watch/
Thanks for that..
I think it is because they are the first to do it on the relatively unforgiving ground that requires helicopters to fly in much of the equipment and maybe the odd dingy or sled.
The question is where is the money for 10 drills coming from? And drilling another 6 holes at Wishbone suggests they are still uncertain as to where the ore body is in the vms, if there is indeed one there.
'We now have in place all the required exploration permits to execute one of the most audacious, cost effective, drilling programmes on the highly prospective Obonga greenstone belt ever witnessed.'
What does this even mean? audacious = 'interpid, daring...' High risk?
I really aren't worried in the slightest....our "investments" fully support our market cap for sure....and I don't think the market has "understood" the significance of our "first" VMS discovery....so we will only go the one way with our market cap! how could we go backwards? it all just takes a bit of time...! GLA
“…The results are one of the top six intercepts released by an ASX company this year, but as of the market reaction to the news – absolutely nuts…”
https://total-market-solutions.com/2022/07/panther-metals-plc-5/
I only see 505k in total sale trades today......all bar one of the late report 8 o'clock + sales were buys....some mine!
I see some 1,500k in total buy trades today......which is why the SP is up.
The MMs must have known about the "news" 'cause they opened the door for a few days and got some of mine and others in preperation for today???
900k sold today in a few bigger trades. Must also be someone else. I will keep my 1.4m and probably keep adding here and there. In for a penny …..
at the end of the day....half of our market cap is underwritten by our 36.6% stake in PNT......so all of our other projects for £2.5m
It can only be a very short time before we "take off"........surely?
GLA
Over the last 10 days I tried to reduce my holding, Loosegoose (due to macro trends only not PALM specific).....and couldn't get a quote on anything and failed on limit orders etc. and then a few days ago the MMs were taking "everything" so I was successfull and sold a few blocks totalling 550,000......I realised something was up....so I've been "expecting the news" to be fair......bought some back since!
Seems someone has been offloading in recent days. Quite a lot of sales of 100k and 150k blocks for the last few trading days now.
“The results from this short program are simply stunning,” MD and CEO Daniel Tuffin says.
“Some of the holes drilled into the accepted trend model did not perform as expected, while others, particularly in the case of hole BVE006, intercepted a new shallow broad high-grade zone of 15m at 53.94g/t gold.”
https://twitter.com/panther_metals/status/1547479034358992896?s=20&t=4IYQm4fotSyMCk_tF03KYg
Up 24%.... Nice tasty broth bubbling in the background....
My word if we find the source of that intercept / mineralised system.... BINGO
ATB
I would have thought that quality of find at PNT.ASX would warrant an RNS here, it is great news for Panther Metals.
Cracking gold intercept for PNT.AX overnight
https://stockhead.com.au/resources/resources-top-5-stunning-drill-hit-propels-junior-goldie-into-the-big-leagues/
Even without the 2 spin off's This seems great value...
As always , holding long..here for the journey to discovery 24 to 48 months...
When the market turns ..not many better places to invest with such Compelling upside from here.
£4.93m market cap @ 6.85p per share...FFS
.....I'll post this on some of my gold plays sharechat boards.....GLA!
https://kingworldnews.com/its-too-late-to-save-the-financial-system-and-full-blown-panic-is-coming/
Jsc, I wouldn’t bother mate. Look at his posting history. All he’s doing is going round slamming companies, making negative price predictions, saying he’ll buy if things go lower and, in several cases, predicting insolvency events with all shareholders wiped out. He’s not a shareholder in PALM, has no idea about anything to do with the company, and the 2p is not a real prediction. It’s just part of the general spew of ulterior motivated negativity
So DenFos you reckon it'll drop back down to around a £1mil M/C you're have a laf my son ??
Maybe, but this will still fall to test the previous lows of 2….
“…Funded for its current round of exploration and with plenty of news on the horizon, is PALM now in value territory…”
https://total-market-solutions.com/2022/07/panther-metals-plc-4/
Well Panther Metals Ltd.(AUS) market cap is up 25% since Tues to A$12m.....so our PALM valuation is about 10% up too!
This will reflect an upgrade in short order IMO! GLA
ASX cofirms $AUD 9m just multiple the no. of shares in issue X .18cents
https://www2.asx.com.au/markets/company/pnt
I don't know why your source shows A$5.2m
I think the market cap of Panther Australia is A$5.2m, not GBP. https://www.google.com/search?q=panther+metals+australia+share+price&rlz=1C1GCEB_enCH886CH886&oq=panther&aqs=chrome.0.69i59j69i57j35i39j0i512l2j69i60l2j69i61.2481j0j7&sourceid=chrome&ie=UTF-8